Matador buy helps Continental winter tyre business

Newswire

FRANKFURT, Nov 27 (Reuters) - German automotive parts supplier Continental AG could potentially match last year's record sales of 19.1 million winter tyres in 2007, but only thanks to its acquisition of Slovakia's Matador Rubber. A spokesman for Continental's passenger car tyre division said on Tuesday that slight declines in European markets like Germany meant it would not reach the 2006 record when excluding the consolidation of its 51 percent stake in Matador Rubber, which it agreed to ...

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